$499,000
SOLD FEB 26, 2025
-- Bed
-- Bath
2,024 Sq Ft
0.26 Acres

Recently Sold

$247 Per Sq Ft

2% Below List Price

19 Days on Market

Highlights

  • No HOA
  • Level Lot
  • 2-minute walk to Willakenzie Park
  • Zoned Heating
  • 1-Story Property

About This Home

As of February 2025

Duplex in coveted Ferry Street Bridge. Owner-Occupant Buyers are welcome!! Extra large units with vaulted ceilings in living area, private backyards, covered parking, and storage units. Improvements include: Oven in 1627 (2023), Water Heater in 1627 (2020), and Tub/Shower in 1625 (2021).

Last Agent to Sell the Property

Eric Lehouiller

Oregon Choice Group License #201215375 Listed on: 10/14/2024

Last Buyer's Agent

Darren Ricketts

eXp Realty LLC License #201104075

eXp Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,769

Year Built

  • Built in 1972

Lot Details

  • Level Lot

Home Design

  • Slab Foundation
  • Composition Roof
  • Membrane Roofing
  • Plywood Siding Panel T1-11

Interior Spaces

  • 2,024 Sq Ft Home
  • 1-Story Property

Parking

  • Covered Parking
  • On-Street Parking

Schools

  • Bertha Holt Elementary School
  • Monroe Middle School
  • Sheldon High School

Utilities

  • No Cooling
  • Zoned Heating
  • Heating unit installed on the ceiling
  • Electric Water Heater

Listing and Financial Details

  • Rent includes ground maintenance, sewer, water
  • Assessor Parcel Number 1476397

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Ferry Street Bridge Subdivision
  • Property managed by Principle Properties

Building Details

  • Operating Expense $9,936
  • Gross Income $16,200
  • Net Operating Income $6,264

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,769

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1972
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Storage: IndividualStorageUnits,Locked
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: T111Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: Slab
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Roof: Composition, Membrane

Garage/Parking

  • Parking Description: Covered, OnStreet
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: None
  • Cooling Y N: No
  • Heating: Ceiling, WallHeater, Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: Principle Properties
  • Association: No

Schools

  • Elementary School: Bertha Holt
  • High School: Sheldon
  • Middle Or Junior School: Monroe

Lot Info

  • Zoning: R1
  • Parcel #: 1476397

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, Sewer, Water

Tax Info

  • Tax Deferral: No
  • Tax Annual Amount: 4768.54

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 31.48
  • Annual Gross Income: 16200.0
  • Property Net Operating Income: 6264.0
  • Annual Operating Expense: 9936.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2024
Closed on
Jan 22, 2025
Sold by
Joseph And Marilyn Potter Family Trust and Potter Stephanie Diane
Bought by
Gates Rhys and Gates Margaret Gowen
Seller's Agent
Eric Lehouiller
Oregon Choice Group
Buyer's Agent
Darren Ricketts
eXp Realty LLC
List Price
$510,000
Sold Price
$499,000
Premium/Discount to List
-$11,000
-2.16%
Views
357
Current Estimated Value
$498,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$701
Avg. Annual Appreciation
-0.45%
Original Mortgage
$424,150
Outstanding Balance
$423,458
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$74,841
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $499,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $424,150 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2025 02/26/25 Sold $499,000 -2.2% $247 / Sq Ft
01/22/2025 01/22/25 Pending -- -- --
01/02/2025 01/02/25 For Sale $510,000 +2.2% $252 / Sq Ft
10/14/2024 10/14/24 Off Market $499,000 -- --
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $4,893 $239,708 $0 $0
2022 $4,584 $232,727 $0 $0
2021 $4,306 $225,949 $0 $0
2020 $4,242 $219,368 $0 $0
2019 $4,084 $212,979 $0 $0
2018 $3,851 $200,753 $0 $0
2017 $3,643 $200,753 $0 $0
2016 $3,488 $194,906 $0 $0
2015 $3,406 $189,229 $0 $0
2014 $3,358 $183,717 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24416813

Regional Multiple Listing Service (RMLS)

APN: 1476397